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gregg: the fiscal cliff is not the only threat facing the u.s. economy right now. shipments of all kinds could actually be stuck on cargo ships if a longshoreman strike goes ahead as planned. the stakes for the recovery coming up. patti ann: high noon in those fiscal cliff negotiations. >> nothing have move forward in regards to our budget crisis unless speaker boehner and mitch mcconnell will go forward with our plan. speaker boehner is willing to negotiate, we have not heard a word from mitch mcconnell, and nothing is hang. patti ann: chris vanhollen joins us next. pwhrafp [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. . patti ann: fox news alert, potentially good news for the nation's housing market. pending home sales, which measure homes that are in contract and about to be sold rose 1.7% in november to
gregg: the fiscal cliff is not the only threat facing the u.s. economy right now. shipments of all kinds could actually be stuck on cargo ships if a longshoreman strike goes ahead as planned. the stakes for the recovery coming up. patti ann: high noon in those fiscal cliff negotiations. >> nothing have move forward in regards to our budget crisis unless speaker boehner and mitch mcconnell will go forward with our plan. speaker boehner is willing to negotiate, we have not heard a word from...
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cliff still in play right now. in a desperate race against a different clock, we have another free-flowing, fluid situation tonight. likely a lot of breaking news from capitol hill. we begin with fox team coverage. chief washington correspondent ed henry looks at the president's next move. chief congressional correspondent mike emanuel on where this all stands at this moment. we start with mike and i say "at this moment" because it has been every moment changing throughout the day. >> that's right. good evening to you. house republican leaders spent time behind closed doors with the members trying to figure out a way forward. the bombshell announce fire department the house majority announcement today was he does not support the compromise. house republicans are complaining about a deal they did not negotiate about the lack of spending cuts. >> consensus that we have to in some ways address spending. people told me, they would rather increase taxes but we need to cut spending. >> part of the problem is it includes
cliff still in play right now. in a desperate race against a different clock, we have another free-flowing, fluid situation tonight. likely a lot of breaking news from capitol hill. we begin with fox team coverage. chief washington correspondent ed henry looks at the president's next move. chief congressional correspondent mike emanuel on where this all stands at this moment. we start with mike and i say "at this moment" because it has been every moment changing throughout the day....
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from the fiscal cliff. >>> former president george h.w. bush in intentive care. we'll have the latest on that. >>> a vigil for firefighters, a tornado in action and december surfing in the great lakes. good morning. i'm mara schiavocampo. a powerful winter storm that brought an odd mix of tornadoes, heavy winds and snow to the nation's midsection is now wreaking havoc on the northeast. snow and sleet have produced treacherous road conditions from pennsylvania and western new york to maine with more than a foot of snow expected in some areas. this storm so far being blamed for at least six deaths. and as nbc's kurt gregory reports, the storm is creating a post holiday travel nightmare. >> reporter: cleanup on the day after christmas for the deep south. a record of more than 20 tornadoes as a massive storm system ripped through mississippi and alabama and left arkansas with a record-breaking white christmas. that storm system continued its march across the center of the nation wednesday, leaving a near whiteout from detroit -- >> not used to
from the fiscal cliff. >>> former president george h.w. bush in intentive care. we'll have the latest on that. >>> a vigil for firefighters, a tornado in action and december surfing in the great lakes. good morning. i'm mara schiavocampo. a powerful winter storm that brought an odd mix of tornadoes, heavy winds and snow to the nation's midsection is now wreaking havoc on the northeast. snow and sleet have produced treacherous road conditions from pennsylvania and western new...
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i think both sides are looking at if fiscal cliff right now and saying, well, we could go over this thing. it wouldn't be the end of the world and that's a very different view in washington than it is on wall street. i can tell you that. >> eamon, thanks. i know you've got a long day ahead, a long afternoon as well. eamon javers in washington. >> isn't it unbelievable. you have this huge, looming problem, i'll wait until later this afternoon to deal with it. >> and the whole sequester was a way to deal with this later. and corker, i think, on some of the morning shows this morning, senator corker said the worst case today would be to set up another later deadline that would keep the hard questions -- >> and i think a lot of this is so abstract, but if those milk prices go up for people around this country, that's going to be the thing that gets people really animated. >> that and payroll taxes, if they go up, that will hit a lot of americans across the board. >> interesting to see a lot of the stocks today that have exposure to dairy futures, whether it's an hsy, who knows? i haven't even
i think both sides are looking at if fiscal cliff right now and saying, well, we could go over this thing. it wouldn't be the end of the world and that's a very different view in washington than it is on wall street. i can tell you that. >> eamon, thanks. i know you've got a long day ahead, a long afternoon as well. eamon javers in washington. >> isn't it unbelievable. you have this huge, looming problem, i'll wait until later this afternoon to deal with it. >> and the whole...
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message to lawmakers about the fiscal cliff. they're using coffee cups to do the job. the ceo at starbucks is urging starbucks workers and employees in the washington, d.c. area to write on the cups, come together, come together right now. i guess quoting the beatles. thursday and friday. dennis, what do you think?. >> that should fix it. that's all we needed. either conjures up very old beatles cliche or elusive quest in the bedroom. they should cut spending or raise taxes on rich and let people vote. >> like the big gulp. cut taxes or --. adam: i feel like i need a cigarette. >> come together. oh that has been the problem. they're not just coming together. like a baseball metaphor and coming to the mound tell the pitcher to throw strikes. >> you are too bitter for starbucks. adam: you were consultant on the hill. >> i was. adam: both sides, the american people are just sick to death of this discussion. >> you could not be more right. by the way, before you come together, come back to d.c. john boehner, come on. adam: won't you come home, john boehner, won't you come
message to lawmakers about the fiscal cliff. they're using coffee cups to do the job. the ceo at starbucks is urging starbucks workers and employees in the washington, d.c. area to write on the cups, come together, come together right now. i guess quoting the beatles. thursday and friday. dennis, what do you think?. >> that should fix it. that's all we needed. either conjures up very old beatles cliche or elusive quest in the bedroom. they should cut spending or raise taxes on rich and...
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three reasons why mitch mcconnell will not save the fiscal cliff negotiations. the first one, most importantly, he is missing his dance partner joe biden. he has been kept on the sidelines during negotiations. some republicans think his absence is a sign that the president is not serious about closing a deal. mitch mcconnell is no longer the top republican in washington. it is easy to forget that when he struck a deal to extend the bush tax cuts, boehner had won the house a month before but was not wielding the gavel. finally, mitch mcconnell has stayed on offense. on the senate floor on friday he argued the democrats poisoned the well by declaring boehner's plan b dead on arrival. >> and he is up for reelection in 2014. by all polling, it looks like it will be a lot tougher. he also has a colleague in rand paul, who is a tea partier. you put all those factors together and it could be that mcconnell may have to step up because that is what you have to do to get some sort of deal at the moment, we have not seen that happen. host: from mark williams, what will be
three reasons why mitch mcconnell will not save the fiscal cliff negotiations. the first one, most importantly, he is missing his dance partner joe biden. he has been kept on the sidelines during negotiations. some republicans think his absence is a sign that the president is not serious about closing a deal. mitch mcconnell is no longer the top republican in washington. it is easy to forget that when he struck a deal to extend the bush tax cuts, boehner had won the house a month before but was...
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over the fiscal cliff. but i think what is important is what harry reid said, there's a bill you could pass in the house, for the house to pass the senate bill is quickest. you can't do it because you have all the democrats and nancy pelosi can whip her caucus, she maas lie one or two, and then you need about 30 republicans, but boehner -- >> arguing the senate bill is more partisbipartisan. >> it means only 2% of people would pay the 39% tax rate on everything above 250, right? but you reason he won't even try to pass that bill, is because he doesn't want the optics with the bill being passed with mostly democrats. bainers wants it a majority of the majorities, that that will be mostly republicans passing it. that's impossible, because republicans, you can't even get 10 or 20 of them to agree on anything they think is a tax hike. so you have a stalemate of boehner's over design. >>> ryan, to you, please responds to what joann said. a year ago, did you think -- yeah, we knew this was going to happen, did yo
over the fiscal cliff. but i think what is important is what harry reid said, there's a bill you could pass in the house, for the house to pass the senate bill is quickest. you can't do it because you have all the democrats and nancy pelosi can whip her caucus, she maas lie one or two, and then you need about 30 republicans, but boehner -- >> arguing the senate bill is more partisbipartisan. >> it means only 2% of people would pay the 39% tax rate on everything above 250, right? but...
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one that could determine whether or not our nation plunges right off the fiscal cliff. take a live look at the white house where president obama called the top house and senate leaders from both parties to try and hammer out a deal avoiding the tax hikes and crippling spending cuts. remember analysts say falling off the fiscal cliff could drive the u.s. into another recession. more than a month has passed since the last time they got together. the obama administration called that mid another meeting constructive but there has been little to no progress. today lawmakers on both sides of the aisle tried to strike an optimistic tone. >> millions of americans are out there struggling and certainly they deserve a congress that will avoid going over the fiscal cliff, which is why the president has been working hard to bring leaders together. >> we can't continue to kick the can down the road with half measures. i think the market will respond in a permanent and negative way to our inaction. >> the chairman of the senate finance committee says it comes down to this meeting add
one that could determine whether or not our nation plunges right off the fiscal cliff. take a live look at the white house where president obama called the top house and senate leaders from both parties to try and hammer out a deal avoiding the tax hikes and crippling spending cuts. remember analysts say falling off the fiscal cliff could drive the u.s. into another recession. more than a month has passed since the last time they got together. the obama administration called that mid another...
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cliff, right? the president and the vice president, they're going to meet with house speaker john boehner, minority leader nancy pelosi, senate majority harry reid and minority leader mitch mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to wait and see, and all the parties involved are also going in with a big question mark. the idea is the expectation by many of the participants in the meeting is that they hope that they will be able to discuss more details about a scaled-down fiscal cliff plan. and maybe that could lead to some sort of agreement ideally for all parties in which all the senators say that they will not filibuster it, and it can go to a vote. and then speaker boehner could, in theory, agree to bring it to a vote on the house floor aft
cliff, right? the president and the vice president, they're going to meet with house speaker john boehner, minority leader nancy pelosi, senate majority harry reid and minority leader mitch mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to...
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on fiscal cliff. you can see the dow is down about 60 points right now. hovering just above the 13,000 mark. >>> well risking life and limb to save a man and a dog from an icy lake. plus a look at the top stories of the year involving news media. those stories just ahead. jon: well, another big year for news with some major headlines involving the news media. let's talk about the big stories of this year just ending. christie setzer is president of new heights communication. she was spokesperson for vermont governor howard dean. cal thomas a syndicated columnist and fox news contributor. cal, start with you. when it cops to media mistakes, missteps, whatever, what's the big story of the year now ending? >> oh, golly there were so many, jon. during the republican presidential primaries you saw newt gingrich taking on the host of that debate. republicans never lose when they take on the media. but i think what republicans ought to do, the next time around is not to fall into this template that allows these liberal hosts to question them, often from a negati
on fiscal cliff. you can see the dow is down about 60 points right now. hovering just above the 13,000 mark. >>> well risking life and limb to save a man and a dog from an icy lake. plus a look at the top stories of the year involving news media. those stories just ahead. jon: well, another big year for news with some major headlines involving the news media. let's talk about the big stories of this year just ending. christie setzer is president of new heights communication. she was...
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the fiscal cliff negotiations. we'll be right back with "hardball." there are patients who will question, why does my mouth feel dryer than i remember it to be? there are more people taking more medication, so we see people suffering from dry mouth more so. we may see more cavities, bad breath, oral irritation. a dry mouth sufferer doesn't have to suffer. i would recommend biotene. the enzymes in biotene products help supplement enzymes that are naturally in saliva. biotene helps moisten those areas that have become dry. will not. e that are suffering can certainly benefit from biotene. >>> the rising political star of 2013, chris hayes, who will that be? >> massachusetts senator elizabeth warren i think. it's not an easy thing to do what she did. i think people -- she was a star on this network and among progressives, but to go win statewide office particularly as a woman in massachusetts, that takes some doing and i think she'll be an absolute force. >> steve, the rising star? >> it mains me a bit to say because i'm not that much of a fan but this i
the fiscal cliff negotiations. we'll be right back with "hardball." there are patients who will question, why does my mouth feel dryer than i remember it to be? there are more people taking more medication, so we see people suffering from dry mouth more so. we may see more cavities, bad breath, oral irritation. a dry mouth sufferer doesn't have to suffer. i would recommend biotene. the enzymes in biotene products help supplement enzymes that are naturally in saliva. biotene helps...
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could be all the way to tuesday. >> right. we are going to be talking about fiscal cliff. where are we? where are we going? what things can we believe that are coming out from capitol hill? what qunt we believe? >> today, we have the fake plan apparently senate republicans had and white house denying. this is -- ugh. interesting. >> what about the white house supposedly sending its own boiled down fiscal cliff bill to the hill? what's going on with that? you've got harry reid's incendiary comments on the floor today. >> it feels like we're at the beginning of the beginning of the end. >> right. i'll be back tomorrow to talk about it. >> jonathan capehart, thanks so much. that does it for this edition of "andrea mitchell reports." craig melvin has a look at what's next. the pride of south carolina. craig, how are you doing, snir. >> good to see you as always. five days to go until the fiscal cliff deadline. john boehner holding a press conference. what might they be talking about? president obama returned to washington today after speaking with all four congressional leader
could be all the way to tuesday. >> right. we are going to be talking about fiscal cliff. where are we? where are we going? what things can we believe that are coming out from capitol hill? what qunt we believe? >> today, we have the fake plan apparently senate republicans had and white house denying. this is -- ugh. interesting. >> what about the white house supposedly sending its own boiled down fiscal cliff bill to the hill? what's going on with that? you've got harry...
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that is a clear signal that republicans in the house are taking us right over the fiscal cliff. i wished the entire republican caucus was as reasonable as the colleague of mine and friend who is standing right next to me who is a very conservative republican but a very practical common sense republican. if his colleagues would listen to him, we would be in decent shape here. right now the problem in the republican caucus and the house is compromise has bng a dirty word. as you indicated there things in this bill that i don't like. there are things in this bill that i don't like. but i recognize that none of us get to have things 100% of our way. and the difference between divided government and dysfunctional government is a willingness to compromise. and compromise is in very short supply today in the house republican caucus. >> suarez: representative van hollen you heard your colleague tom cole talk about deep misgivings inside the republican caucus. aren't there members of your party who are not overjoyed with what came out of the senate last night? where the dividing lines am
that is a clear signal that republicans in the house are taking us right over the fiscal cliff. i wished the entire republican caucus was as reasonable as the colleague of mine and friend who is standing right next to me who is a very conservative republican but a very practical common sense republican. if his colleagues would listen to him, we would be in decent shape here. right now the problem in the republican caucus and the house is compromise has bng a dirty word. as you indicated there...
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. >> just three days until the so- called fiscal cliff, and there are new developments on the road to a deal. richard reeve has been following all of the twists and turns. while there is still nothing concrete, both sides are talking? >> that is right democratic and republican leaders are trying to broker a last-minute deal to allow a rank-and-file vote sunday, the radically house members back in session sunday night would look but time is running out. as the fiscal cliff deadline approaches -- >> i cannot believe we got this close. >> the sign of the times reflecting most americans' frustrations. >> sit down, go into a room, and don't come out until you take care of this. >> the fallout with no deal. and every american's tax rates are going up. every american's paychecks will get a lot smaller. >> friday, president obama and congressional leaders met about an hour and agreed to keep talking. >> it is constructive and it is getting done. we will see. >> this eveleaders in the senate are signaling they are ready to compromise. >> i'm hopeful and optimistic. and if there were is no deal
. >> just three days until the so- called fiscal cliff, and there are new developments on the road to a deal. richard reeve has been following all of the twists and turns. while there is still nothing concrete, both sides are talking? >> that is right democratic and republican leaders are trying to broker a last-minute deal to allow a rank-and-file vote sunday, the radically house members back in session sunday night would look but time is running out. as the fiscal cliff deadline...
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right now you talk about the fiscal cliff and also hitting this potential debt ceiling limit as well. $16.4 trillion we could arrive at on new year's eve. >> juliet: yeah. let's hear what congressman tray goudie had to say about this. he was on greta the other night. >> i assure you that there will be a resolution either before the new year or shortly after the new year. that's the good news, that there will be a deal. the bad news for you and your viewers is that there won't o'clock a solution. it will be a panacea or some magical alickser, make us all feel a little better. but shortly after the new year, we're also going to get a letter from timothy geithner asking us to raise the debt ceiling for the 80th time in our country's history. so there will be a quote, move to avert the fiscal cliff. your viewers should demand more than a deal. they should demand a solution. >> juliet: kimberly guilfoyle had that. >> kelly: here is a problem with all that, and i hope the congressman is right, because you want to have a sense of optimism. the president talked about being optimistic. john bo
right now you talk about the fiscal cliff and also hitting this potential debt ceiling limit as well. $16.4 trillion we could arrive at on new year's eve. >> juliet: yeah. let's hear what congressman tray goudie had to say about this. he was on greta the other night. >> i assure you that there will be a resolution either before the new year or shortly after the new year. that's the good news, that there will be a deal. the bad news for you and your viewers is that there won't...
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economy caught right in the middle. we can only, of course, be talking about the fiscal cliff. our political panel is going to weigh in on the chances for a deal. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> the pressure is on as harry reid and mitch mcconnell race against the clock to find a fix to the fiscal cliff. joining me are cnn contributor and democratic strategist maria cardona and republican strategist ron bonjin. good morning to you. >> good morning. >> good morning. >> ron, i'll start with you. reid and mcconnell, they really are the focus in the senate. in the house, it's speaker john boehner. i've got to ask you, is his job on the line if republicans balk at any deal that's reached? >> no, not at all. speaker boehner is extremely strong. his conferences support him and knows that he's bee
economy caught right in the middle. we can only, of course, be talking about the fiscal cliff. our political panel is going to weigh in on the chances for a deal. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>>...
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they had really nothing to say in the so-called fiscal cliff crisis. all right, the biggest winners and losers, stay with us welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day. [ sniffs ] i took dayquil but my nose i
they had really nothing to say in the so-called fiscal cliff crisis. all right, the biggest winners and losers, stay with us welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus...
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they had really nothing to say in the so-called fiscal cliff crisis. all right. we'll be back for picks of person of the year, biggest winners, biggest losers. stay with us. >>> welcome back to "the last word," holiday party. it is now time for the person of the year award. who is the person of the year? >> i was thinking it is a night for celebration, but it is also a night to honor people. and for me, when you look at 2012, it would be congresswoman gabrielle giffords, she resigned this year after a heroic battle dealing with the gunshot wounds that she experienced. we obviously keep her in our thoughts and our prayers. but she was also a leader, and believed in public policy. and we're going to have to look as we go forward into the next year over how we deal with this enduring problem of gun violence in our country. >> joy reed, your person of the year? >> i picked for the person of the year, the american voter. >> it does sound corny. >> it is corny, you know, the reason i said it -- >> you said a group, you didn't say the country. >> it is a group. >> it is
they had really nothing to say in the so-called fiscal cliff crisis. all right. we'll be back for picks of person of the year, biggest winners, biggest losers. stay with us. >>> welcome back to "the last word," holiday party. it is now time for the person of the year award. who is the person of the year? >> i was thinking it is a night for celebration, but it is also a night to honor people. and for me, when you look at 2012, it would be congresswoman gabrielle...
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they had really nothing to say in the so-called fiscal cliff crisis. all right, the biggest winners and losers, stay with us . [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people w
they had really nothing to say in the so-called fiscal cliff crisis. all right, the biggest winners and losers, stay with us . [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online....
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the fiscal cliff negotiations are still under way. republicans call this number. make sure to meet your television if you are lee -- calling in. try to call on the line that best reflects your political view. we're quite to head to springfield gardens new york. caller: good night to everyone into the whole world, especially the united states. i want to wish everyone a prosperous happy new year. i am really disappointed in the fact that i see big grown women and men in the senate cannot come together to prevent this fiscal call. i am a husband. i bring most of the money into the home. the way i look at it is that if there is a crisis going on in my family i am more than likely to step up to the plate and do what is up for necessary to make ends meet. that is a principle i have been living with all my life. to see that the republicans are sitting near in not trying to do the right thing is here. that is all i have to say. host: jeremiah from maryland. i think the vice president should not be the one in negotiating with mitch mcconnell. the person who should be negot
the fiscal cliff negotiations are still under way. republicans call this number. make sure to meet your television if you are lee -- calling in. try to call on the line that best reflects your political view. we're quite to head to springfield gardens new york. caller: good night to everyone into the whole world, especially the united states. i want to wish everyone a prosperous happy new year. i am really disappointed in the fact that i see big grown women and men in the senate cannot come...
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last call in hopes of rescuing off of the fiscal cliff. all that is getting debated is who is at fault and what is the president's plan. according to the white house there is no new proposal. >> and is russia vladimir putin playing with children's lives . what he just did. >>> and the newspapers that published the names of licensed gun owners. fox and friends starts right now. ♪ >> julia: hello, everybody. >> three days left. three days left before we go head first over the fiscal cliff. >> julia: before we talk about the fiscal cliff. you did cavuto. you did o'rielly or i mean not o'rielly. the five. today you have this show and then cavuto and then on the five. >> you will be on the five. >> julia: and then other things. >> it is one of those days. iclele ladies and gentlemen, eric bowling -- boling is the mara thon man. >> it is good to be here. >> julia: yes, it is good to be here. >> kelly: thank you for joining us this morning. >> julia: the headlines and fox news alert it appears russian president vladimir putin is trying to make
last call in hopes of rescuing off of the fiscal cliff. all that is getting debated is who is at fault and what is the president's plan. according to the white house there is no new proposal. >> and is russia vladimir putin playing with children's lives . what he just did. >>> and the newspapers that published the names of licensed gun owners. fox and friends starts right now. ♪ >> julia: hello, everybody. >> three days left. three days left before we go head first...
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-- that we're probably not going to go off the fiscal cliff or if we do go off the fiscal cliff it will be a small package of some tax increases, some spending cuts, but it's not going to put the economy into a recession. so what i've been telling clients is let's just hold the line right here. let's not sell precipitously. let's wait until we see the outcome. but right now i think there's a real good chance that the outcome could be positive or will muddle our way through this significant problem. >> ifill: let me ask you a question which politicians kept bringing up during this last election which is the that the uncertainty is what makes people nervous in the business world. is this the kind of uncertainty they were talking about? >> it absolutely is. you mentioned before the retail sales numbers for this christmas season and the retail sales numbers for this christmas season were very poor, very soft. this is both individuals and individuals affecting companies making decisions and it's really largely driven by their significant uncertainty about what's going to be their tax rate in
-- that we're probably not going to go off the fiscal cliff or if we do go off the fiscal cliff it will be a small package of some tax increases, some spending cuts, but it's not going to put the economy into a recession. so what i've been telling clients is let's just hold the line right here. let's not sell precipitously. let's wait until we see the outcome. but right now i think there's a real good chance that the outcome could be positive or will muddle our way through this significant...
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cliff if no deal is reached. >> that's right. december 31st. a lot going on there. a lot of these budget calamities coming together all at once. economists already warning the fiscal cliff situation could cause another recession. now we're about to hit the nation's debt ceiling. secretary geithner in a letter to congress did go ton say, quote, he would take extraordinary measures and say these extraordinary measures can create approximately $200 billion in head room under the debt limit. under normal circumstances the amount of head room would last approximately two months. however, given the significant uncertainty that now exists with regard to unresolved tax and spending policies for 2013, it's not possible to predict the measure. because of the uncertainty of the fiscal cliff they don't know whether they have enough head room to make sure the nation's debt ceiling doesn't reach limit within two months. the bottom line is even if we deal with the fiscal cliff in the next few days and avert that. there is another crisis with th
cliff if no deal is reached. >> that's right. december 31st. a lot going on there. a lot of these budget calamities coming together all at once. economists already warning the fiscal cliff situation could cause another recession. now we're about to hit the nation's debt ceiling. secretary geithner in a letter to congress did go ton say, quote, he would take extraordinary measures and say these extraordinary measures can create approximately $200 billion in head room under the debt limit....
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. >> so a top story today, one of the ledges of the fiscal cliff, those automatic spending cuts that almost certainly are going to kick in. we don't see that being part of some last-second deal. hit the defense department. but the pentagon's real problem is not those cuts, but the ones that are going to be coming over the next decade. we talked to military contractors, top officials at the pentagon. they see a long period of downward decline. that after the war in afghanistan, there's going to be a period of austerity. they're calling it -- they have a term around the pentagon, a very graphic self-amputation as they cut back over the years. and this was one of the reasons that president obama had, at the top of his short list, the former republican senator, still a republican, chuck hagel of nebraska. he's somebody who's talked about the pentagon as being bloated, had very specific ideas about how to cut it. but mike, sam, the table, we're hearing that that trial balloon has been popped. that senator hagel has a possibility for secretary of defense, has really lost a lot of altitude.
. >> so a top story today, one of the ledges of the fiscal cliff, those automatic spending cuts that almost certainly are going to kick in. we don't see that being part of some last-second deal. hit the defense department. but the pentagon's real problem is not those cuts, but the ones that are going to be coming over the next decade. we talked to military contractors, top officials at the pentagon. they see a long period of downward decline. that after the war in afghanistan, there's...
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host: have you looked into the fiscal cliff and how it may affect your business in january? caller: yes, and i don't mind paying my fair share. but you have to want to give the next person helping hand. host: all right, thank you so much for calling. you said that you rent out your place for a zumba class in the evening? caller: yes, in the evening when we are not sewing. we substitute and say let's do a class, the couple hours. the ladies bring friends and it increases business. and more people say i need this done or that done. it's a form of networking. but you have to put the endeavour into it to get something out of it. a lot of people just want to take and don't put anything in. you just have to want to put it in. host: guy is a business owner in hillsdale, new york. caller: i have a small music label. i discovered some news by kurt bayo. i cannot get a major label to put the music out, so i decided do it myself. host: have you looked at the fiscal cliff and how it may affect your plans for 2013? caller: of course. this is all about paying for the wars, to me. host: as
host: have you looked into the fiscal cliff and how it may affect your business in january? caller: yes, and i don't mind paying my fair share. but you have to want to give the next person helping hand. host: all right, thank you so much for calling. you said that you rent out your place for a zumba class in the evening? caller: yes, in the evening when we are not sewing. we substitute and say let's do a class, the couple hours. the ladies bring friends and it increases business. and more...
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tomorrow to work on the fiscal cliff deal before the year ends. house and senate members are expected to reconvene. without an agreement, automatic tax increases for everyone and deep spending cuts will be triggered by the new year. the main dispute continues to be over taxes. >>> if you want to play the slots at 2:00 in the morning, starting tomorrow you can. maryland live casino is set to kick off its first 24-hour gaming day. once the casino opens at 8:00 in the morning, it will be open around the clock. maryland live is also prepared to immediately begin making the modifications required to add table games to the floor as soon as the regulation office makes it official. >>> a new 1200-seat auditorium is set to open in ocean city in 2014. it's going to be located at the ronald e. powell convention center. construction is set to begin in the fall on the $14 million project. >>> well, some netflix customers not too happy. they wanted to curl up on the couch and watch a movie on christmas eve. they were just out of luck. the streaming service for
tomorrow to work on the fiscal cliff deal before the year ends. house and senate members are expected to reconvene. without an agreement, automatic tax increases for everyone and deep spending cuts will be triggered by the new year. the main dispute continues to be over taxes. >>> if you want to play the slots at 2:00 in the morning, starting tomorrow you can. maryland live casino is set to kick off its first 24-hour gaming day. once the casino opens at 8:00 in the morning, it will be...
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fiscal cliff deal. meantime, treasury warns the government will hit its legal borrowing limit by monday. it's thursday, december 27th, 2012 and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. i'm andrew ross sorkin along with joe kernen. becky continues to have the day off today. our guest host today is bob broska. house speaker john boehner urging the senate to come up with a passable fiscal cliff solution. he's promising to at least consider any bill that the upper chamber produces. senate majority leader harry reid now expected to base any legislation on a bill passed earlier this year to continue tax breaks for households will incomes below $250,000. a senate bill would likely contain an extension of expiring unemployment benefits. and the other big news of the morning, treasury secretary tim geithner unveiling a plan to buy time under the debt ceiling. in a letter to congress, geithner saying that treasury is going to begin taking steps this week to delay h
fiscal cliff deal. meantime, treasury warns the government will hit its legal borrowing limit by monday. it's thursday, december 27th, 2012 and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. i'm andrew ross sorkin along with joe kernen. becky continues to have the day off today. our guest host today is bob broska. house speaker john boehner urging the senate to come up with a passable fiscal cliff solution. he's promising...
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that is right up there. and i get that one. >> yeah, well, fiscal cliff. it involves economics, it involves politics. a lot of people think it's going to increase the deficit, which it isn't. a lot of people are worried it's going to decrease the deficit. so a lot of complicated issues and political issues. and we hear it all of the time. >> let's talk about lake superior state university and how this list compiling all began. >> it was a bet new year's eve, 1976. >> long ago. >> yep. and they discussed how many words and phrases are overused too often. and the originator of this list back in 1976 went back and drew up a list of five words to submit to upi, united press international. and the whole thing took off from there, and we take nominations from all over the world. whatever floats to the top gets to our list. >> and is i was going to ask how that happened. people can, what, make suggestions, somehow contact your university and say here's a word i want banished. >> lssubanished. do a search and it will get you right to our page. and there is still t
that is right up there. and i get that one. >> yeah, well, fiscal cliff. it involves economics, it involves politics. a lot of people think it's going to increase the deficit, which it isn't. a lot of people are worried it's going to decrease the deficit. so a lot of complicated issues and political issues. and we hear it all of the time. >> let's talk about lake superior state university and how this list compiling all began. >> it was a bet new year's eve, 1976. >>...
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right now with the fiscal cliff, i am currently unemployed and i am concerned about the fiscal cliff. i am on a federal extension. i do not know if i'm going to get a paycheck to be able to pay my mortgage in january. two million people are set to lose their federal extensions in january and unemployment rate has come down due to attrition. people are not being counted. once you stop drawing benefits, you are counted as being unemployed. if you force two million people at once into the job market with the fraudulent unemployment numbers, how are these people going to get back to work? i was laid off in 2009 and i've had three different jobs. the type of employment being offered is often part-time work and it is a series of stringing together reemployment. you never really get back to work. it takes longer than six months to get back to work. you're going to be laid off again within six to eight months. maybe they did not extend it again after 2013 or after 2012. you get back to work after being employed temporarily. they continually whittled down the beaks. it is pretty tough. had thr
right now with the fiscal cliff, i am currently unemployed and i am concerned about the fiscal cliff. i am on a federal extension. i do not know if i'm going to get a paycheck to be able to pay my mortgage in january. two million people are set to lose their federal extensions in january and unemployment rate has come down due to attrition. people are not being counted. once you stop drawing benefits, you are counted as being unemployed. if you force two million people at once into the job...
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on the fiscal cliff talks. right now staff discussions underway on the senate side trying to steer the country away from this fiscal cliff. >> dave: peter doocy is going to join us live from washington with the latest. peter from what we understand the house is initially left out of the discussion. so, something theoretically emerges from the senate and it's all on john boehner to find republican votes, is that where we are? >> reporter: where we are, we were told a few minutes ago discussions a way around the fiscal cliff at the staff level in the senate has begun for the day, only on the senate side. there's not much going on right now with the house of representatives. we heard yesterday though from some officials in the obama administration that senator mitch mcconnell, the senator minority leader has been working hard behind the scene, figuring how to get a deal done before monday at midnight and hearing talk in the senate that they want to tweak the obama plan and raise the threshold who the president say
on the fiscal cliff talks. right now staff discussions underway on the senate side trying to steer the country away from this fiscal cliff. >> dave: peter doocy is going to join us live from washington with the latest. peter from what we understand the house is initially left out of the discussion. so, something theoretically emerges from the senate and it's all on john boehner to find republican votes, is that where we are? >> reporter: where we are, we were told a few minutes ago...
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wel get to the fiscal cliff in just a moment. we understand that you've just gotten word that the president is actually getting updates on the condition of former president rw bush. what can you tell us about that sfl. >> that's right. according to a senior official, president obama has been kept up to date on the condition of former president bush. he is recovering. he spent christmas in the hospital. doctors kept him there after concern that his fever was increasing. now, the senior administration officials won't confirm who's updating president obama. karen, it's not unusual for a sitting president to be kept in the loop when this type of situation arouss. when a former president is ill. so we are being told he has been kept in the loop. and of course the entire white house watching quite closely and everyone hoping he makes a full recovery soon. doctors have said they are cautiously optimistic. that former president bush will recover. so everyone with the white house sharing that opinion. >> and our prayers are with him as i'
wel get to the fiscal cliff in just a moment. we understand that you've just gotten word that the president is actually getting updates on the condition of former president rw bush. what can you tell us about that sfl. >> that's right. according to a senior official, president obama has been kept up to date on the condition of former president bush. he is recovering. he spent christmas in the hospital. doctors kept him there after concern that his fever was increasing. now, the senior...
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cliff. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up-or-down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job and lays the ground work for more economic growth and deficit reduction. >> the president is optimistic that a deal can be reached midnight on new year's eve. listen to senate minority leader mitch mcconnell. >> we had a good meeting down at the white house. engaged in discussions in the hopes we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. >> and the senate is set to reconvene sunday at 1:00 eastern time. the house also expected to be in session on sunday. they'll start at 2:00 eastern time with the first votes coming at 6:30. let's head up to capitol hill. mike viqueira is there. so what? even if they reach a deal today or tomorrow? do we have time
cliff. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up-or-down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job and lays the ground work for more economic growth and deficit reduction. >> the president is optimistic that a deal can be reached midnight on new year's eve. listen to senate minority leader mitch mcconnell. >> we had a good meeting...
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based on the status of the fiscal cliff negotiations. and we got a special book page setup for things related to the so-called fiscal cliff. you can watch video of hearings and briefings and there is a live twitter stream of comments from viewers and reporters and a resource area with related documents and links, all lacked c-span.org/fiscal cliff. >> the soviets but the missiles in cuba. the united states discovers that by surveillance and then the tension builds. we have a quarantine -- quarantine around cuba. one thing that happens is a soviet submarine is found by american ships and they start to drop the assault charges -- depth charges on the soviet submarine. they knocked out the electrical system. people are passing out inside the submarine. they have no communications with the kremlin. the commander says load the torpedoes. it probably started already -- we are not doing somersaults down here when the war is starting. the nuclear torpedo, they said it ready to launch. fortunately one of the other commanders at a lower rank talk
based on the status of the fiscal cliff negotiations. and we got a special book page setup for things related to the so-called fiscal cliff. you can watch video of hearings and briefings and there is a live twitter stream of comments from viewers and reporters and a resource area with related documents and links, all lacked c-span.org/fiscal cliff. >> the soviets but the missiles in cuba. the united states discovers that by surveillance and then the tension builds. we have a quarantine --...
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. >>> finally, what's a woman in a bikini have to do with the fiscal cliff? ask "the new york post." there she is on today's front page leaping off an actual cliff. "off the fiscal cliff, this fall is really going to hurt." that's what they said. >>> up next, it used to be a favorite republican pastime, going after hillary clinton. it hasn't happened for a while, of course, but what if she does run for president? how could they resist doing it again? you're watching "hardball," the place for politics. she knows you like no one else. and you wouldn't have it any other way. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis
. >>> finally, what's a woman in a bikini have to do with the fiscal cliff? ask "the new york post." there she is on today's front page leaping off an actual cliff. "off the fiscal cliff, this fall is really going to hurt." that's what they said. >>> up next, it used to be a favorite republican pastime, going after hillary clinton. it hasn't happened for a while, of course, but what if she does run for president? how could they resist doing it again? you're...
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we begin with that fiscal cliff hanger in washington, d.c. there are now just two days left until automatic tax hikes and severe budget cuts go into effect the. the president is urging democrats and republicans to reach a deal. senate leaders are working on a last-minute compromise. >>> a horrific accident in mississippi. six people including five children were killed when their suv plunged into a creek yesterday. the children were all related. police say four other adults including the parents of those children managed to escape. the vehicle that caused that accident is under investigation. >>> and stunning video of a plane crash outside of moscow, russia, the passenger plane overshot the runway and slammed into a highway yesterday. amazing video. four of the eight crew members on board were killed. there were no passengers on the plane and no one on the highway was hurt. the cause of that crash is under investigation. >>> and finally, a celebration at the vatican. about 40,000 young pilgrims from all across europe attended an open air mass
we begin with that fiscal cliff hanger in washington, d.c. there are now just two days left until automatic tax hikes and severe budget cuts go into effect the. the president is urging democrats and republicans to reach a deal. senate leaders are working on a last-minute compromise. >>> a horrific accident in mississippi. six people including five children were killed when their suv plunged into a creek yesterday. the children were all related. police say four other adults including...
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cliff. >> it's just four days until a pending financial fiasco that would cost every single american. it's friday, december 28. >> from abc news, this is "world news now." >> good morning, and happy friday. i'm brandi hitt in for paula faris. >> and i'm muhammad lila in for rob nelson. brandi, we made it through the week. still got a half hour left, but we made it and it's been great. >> and then you head back to d.c. today. >> and you're going to l.a. >> so we'll be leaving you. >> it's been a wild ride. >> it's been a lot of fun. >> absolutely. now let's just make it through this half hour. coming up, we're going to hear from the vocal players in washington awaiting today's fiscal cliff negotiations. that is our top story. then we'll remember stormin' norman schwartzcopf, one of the nation's best known warriors. while leading troops to battle, he's lost his battle with pneumonia. >>> blown away by an oncoming tornado. take a look. it was recorded outside an alabama store. and it shows, oh,
cliff. >> it's just four days until a pending financial fiasco that would cost every single american. it's friday, december 28. >> from abc news, this is "world news now." >> good morning, and happy friday. i'm brandi hitt in for paula faris. >> and i'm muhammad lila in for rob nelson. brandi, we made it through the week. still got a half hour left, but we made it and it's been great. >> and then you head back to d.c. today. >> and you're going to...
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. >> as i was reading this morning, going off the fiscal cliff was a bungee jump. we go over and the markets collapse. it's amazing that's what we have to get to. >> here's what we know. washington only reacts when there is a crisis. jackie is right. the staff is working behind the scenes to get something done. there is no question about it, the president and congressional democrats have the upper hand and speaker baner is weakened by this. he only wants the plan b vote. he was only 20 votes short. those were folks that from an ideological standpoint are against raising any taxes whatsoever. it's less than a week and a half or so, a more mod ralt congress and they hope that the new folks that are coming into the congress will be a little bit more moderate and the process maybe will put something over the top. >> you have seen the stories about the death of the tea party and they don't have it as important as they did. >> they are very vocal. >> they are important when you have a system of government in the house where you have to pass things. the majority itself. t
. >> as i was reading this morning, going off the fiscal cliff was a bungee jump. we go over and the markets collapse. it's amazing that's what we have to get to. >> here's what we know. washington only reacts when there is a crisis. jackie is right. the staff is working behind the scenes to get something done. there is no question about it, the president and congressional democrats have the upper hand and speaker baner is weakened by this. he only wants the plan b vote. he was only...
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conversation about the fiscal cliff. now down to the wire. caller: washington, d.c., the belly of the beast. we have a $16 trillion deficit right now. we have the deficit because of social security, medicaid, medicare, welfare, food stamps -- all policies put into effect by the democratic party. everything is socialism. thomas jefferson said it best -- the republic is doomed. people sacrifice -- i'm a libertarian. i am more objective. i'm not a republican or democrats. i have to wonder if i want to live in this country. 29% of americans got some kind of assistance when ronald reagan was president. i have to consider and i'm considering moving to a tropical island and watching america go down the drain. we need to abolish social security, medicare, and medicaid. host: i will stop you there. we appreciate your thoughts. joseph says -- will go back to stay but by the president on the passing of norman schwarzkopf. host: "his legacy will e ndure." back to your calls. caller: good morning. god bless us. [indiscernible] where is the love? .e're at
conversation about the fiscal cliff. now down to the wire. caller: washington, d.c., the belly of the beast. we have a $16 trillion deficit right now. we have the deficit because of social security, medicaid, medicare, welfare, food stamps -- all policies put into effect by the democratic party. everything is socialism. thomas jefferson said it best -- the republic is doomed. people sacrifice -- i'm a libertarian. i am more objective. i'm not a republican or democrats. i have to wonder if i...
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this is kind of very structural pressures. >> that's right and that's what underlies the fiscal cliff. they're looking out beyond 2020, all these people retiring, providing defense costs more and more because of less efficiencies in government stuff so the calculus isn't good. it isn't good for us or anyone but there are things to do. there are a lot of things we can do better, more private infrastructure spending, improving our education system, making entitlement systems, means tested. >> shifting federal spending from consumption to investment as for the future. >> all right, ken thanks very much, and we'll be leaning on you for guidance over the course of the next few days. >>> who doesn't want a little eva longoria in her life. she's helping fellow latinas get a college education. are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ >>> yesterday we brought you the shirtless matthew mcconaughey. today something the men at the
this is kind of very structural pressures. >> that's right and that's what underlies the fiscal cliff. they're looking out beyond 2020, all these people retiring, providing defense costs more and more because of less efficiencies in government stuff so the calculus isn't good. it isn't good for us or anyone but there are things to do. there are a lot of things we can do better, more private infrastructure spending, improving our education system, making entitlement systems, means tested....
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obviously we have technically gone over the fiscal cliff at this point. however, this will be retroactive to, what, an hour and 53 minutes ago on the east coast. so it would be no effect, with one big caveat, of course. next comes the house of representatives and nobody knows how that is going to work out. republican leaders, after this deal was struck this evening, it became apparent that both republicans and democrats were on board in big numbers. put out a statement saying they pledge to look at what the senate did. they reserve the right to amend it, however, or put it directly on the floor. they're not going to do it tonight. this is going to take place tomorrow at the very earliest and no one knows exactly how republicans are going to react in the house of representatives. it is going to be a very interesting day. and at this point we can't say it's a guarantee in any way, shape, or form that the house is going to approve what's being done here. many republicans obviously upset that taxes are going to be very in any shape or form and many democrats
obviously we have technically gone over the fiscal cliff at this point. however, this will be retroactive to, what, an hour and 53 minutes ago on the east coast. so it would be no effect, with one big caveat, of course. next comes the house of representatives and nobody knows how that is going to work out. republican leaders, after this deal was struck this evening, it became apparent that both republicans and democrats were on board in big numbers. put out a statement saying they pledge to...
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democrats currenting meeting with vice president joe bide inon the fiscal cliff which the president and the republicans would agree to. it would include a return to clinton era tax rates for people make mrg than $450. that rate would go to 39.6%. the agreement also includes a postponement of the sequester spending cuts. how long that is, the postponement we're not quite sure that point as details trickle out from these meetings and from the reporters as lawmakers decide how to deal with these issues, we'll continue to have more live updates here on the c-span networks. next, a discussion on innovation and technology that could impact the health care industry. we go back to the world in 2013 festival. it's hosted by the economist. and this is 30 minutes. >> thank you. i have the pleasure of talking about health care in 2013. 2013 is going to be a big year for health care. there's an enormous amount of exciting research both in mobile health and in personalized medicine. at the same time the affordable care act is continuing its torturous imply mentation as 2014 the big year when medicaid
democrats currenting meeting with vice president joe bide inon the fiscal cliff which the president and the republicans would agree to. it would include a return to clinton era tax rates for people make mrg than $450. that rate would go to 39.6%. the agreement also includes a postponement of the sequester spending cuts. how long that is, the postponement we're not quite sure that point as details trickle out from these meetings and from the reporters as lawmakers decide how to deal with these...